<SEC-DOCUMENT>0001157523-17-001828.txt : 20170622
<SEC-HEADER>0001157523-17-001828.hdr.sgml : 20170622
<ACCEPTANCE-DATETIME>20170622084819
ACCESSION NUMBER:		0001157523-17-001828
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20170621
ITEM INFORMATION:		Other Events
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20170622
DATE AS OF CHANGE:		20170622

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Security Devices International Inc.
		CENTRAL INDEX KEY:			0001354866
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				711050654
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-132456
		FILM NUMBER:		17924089

	BUSINESS ADDRESS:	
		STREET 1:		9325 PUCKETT ROAD
		CITY:			PERRY
		STATE:			FL
		ZIP:			32348
		BUSINESS PHONE:		905-582-6402

	MAIL ADDRESS:	
		STREET 1:		9325 PUCKETT ROAD
		CITY:			PERRY
		STATE:			FL
		ZIP:			32348
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a51578669.htm
<DESCRIPTION>SECURITY DEVICES INTERNATIONAL, INC. 8-K
<TEXT>
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      <font style="font-size: 12pt"><b>UNITED STATES&#160;</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>SECURITIES
      AND EXCHANGE COMMISSION&#160;</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>WASHINGTON,
      D.C. 20549</b></font>
    </p>
    <hr style="text-align: center; color: #000000; height: 1.0 pt; width: 15%">


    <p style="text-align: center">
      <font style="font-size: 12pt"><b>FORM 8-K</b></font>
    </p>
    <hr style="text-align: center; color: #000000; height: 1.0 pt; width: 15%">


    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt"><b>CURRENT REPORT</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>PURSUANT
      TO SECTION 13 OR 15(D) OF THE</b></font><font style="font-size: 12pt"><br style="font-size: 12pt"></font><font style="font-size: 12pt"><b>SECURITIES
      EXCHANGE ACT OF 1934</b></font>
    </p>
    <p style="text-align: center">

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          <b>June 21, 2017</b>
        </td>
        <td style="width: 10%">
          &#160;
        </td>
        <td style="width: 45%; padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>333-132456</b>
        </td>
      </tr>
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          Date of Report (Date of earliest event reported)
        </td>
        <td style="width: 10%">

        </td>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          Commission File Number
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">

    </p>
    <p style="text-align: center">
      <font style="font-size: 14pt"><b>SECURITY DEVICES INTERNATIONAL, INC.</b></font><br>&#160;(Exact
      name of registrant as specified in its charter)
    </p>
    <p>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          <b>Delaware</b>
        </td>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="bottom">
          &#160;
        </td>
        <td style="width: 45%; padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="top">
          <b>71-1050654</b>
        </td>
      </tr>
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            (State or other jurisdiction of incorporation or<br>organization)
          </p>
        </td>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          (I.R.S. Employer Identification Number)
        </td>
      </tr>
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">

        </td>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="bottom">

        </td>
        <td style="width: 45%; text-align: center; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          <b>9325 Puckett Road</b>

          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Perry, FL 32348</b>
          </p>
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          (Address of Principal Executive Offices) (Zip Code)
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="padding-right: 0.0px; text-align: center; white-space: nowrap; padding-left: 0.0px" valign="top" colspan="3">
          <b>(905)-582-6402</b>
        </td>
      </tr>
      <tr>
        <td colspan="3">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="text-align: center; padding-left: 0.0px" valign="top" colspan="3">
          (Registrant&#8217;s telephone number, including area code)
        </td>
      </tr>
    </table>
    </div>
    <p>

    </p>
    <p>
      Check the appropriate box below if the Form 8-K filing is intended to
      simultaneously satisfy the filing obligation of the registrant under any
      of the following provisions:
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Written
      communications pursuant to Rule 425 under the Securities Act (17 CFR
      230.425)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Soliciting
      material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
      240.14a-12)</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
      240.14d-2(b))</font>
    </p>
    <p>
      <font style="font-size: 10pt; font-family: Arial Unicode MS">&#8414;</font>
      <font style="font-size: 10pt; font-family: Times New Roman">Pre-commencement
      communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
      240.13e-4(c))</font>
    </p>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center">

        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Item 8.01</b>
          </p>
        </td>
        <td style="width: 90%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Other Events</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: justify">
      On June 16, 2017, Security Devices International Inc. (&#8220;SDI&#8221;) issued a
      press release announcing the extension of the consulting agreement
      between SDI and Northeast Industrial Partners LLC.
    </p>
    <p>
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 10%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Item 9.01</b>
          </p>
        </td>
        <td style="width: 90%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            <b>Financial Statements and Exhibits</b>
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="white-space: nowrap">
      (d) <b>&#160;&#160;&#160;&#160;&#160;&#160;&#160; Exhibits.</b>
    </p>
    <p style="text-align: justify">
      Exhibit 99.1 &#8212; press release dated June 16, 2017
    </p>
    <p>

    </p>
    <div style="width: 100%; margin-bottom: 10pt; text-indent: 0pt; margin-right: 0pt; margin-left: 0pt">
      <div>
        <div style="text-align: left">

        </div>
      </div>
      <div style="page-break-after: always">
        <div style="text-align: center; font-family: Times New Roman; font-size: 10pt">
          2
        </div>
        <div style="text-align: center">
          <hr style="color: black; height: 1.5pt">

        </div>
      </div>
      <div>
        <div style="text-align: right">

        </div>
      </div>
    </div>
    <p>

    </p>
    <p style="text-align: center">
      <b>SIGNATURES</b>
    </p>
    <p style="font-size: 10pt; text-indent: 60.0px">
      Pursuant to the requirements of the Securities Exchange Act of 1934, the
      registrant has duly caused this report to be signed on its behalf by the
      undersigned hereunto duly authorized.
    </p>
    <p style="font-size: 10pt; text-indent: 60.0px">
      <br>

    </p>
<div style="text-align:left">
    <table style="width: 100%; margin-bottom: 10.0px; font-family: Times New Roman; font-size: 10pt" cellspacing="0">
      <tr>
        <td style="width: 50%">

        </td>
        <td style="text-align: left; padding-left: 0.0px" valign="top" colspan="2">
          <p style="margin-bottom: 0px; margin-top: 0px">
            SECURITY DEVICES INTERNATIONAL INC.
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 7%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 43%">

        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 43%; text-align: left; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 7%">

        </td>
        <td style="width: 43%; text-align: left; padding-left: 0.0px" valign="top">
          &#160;
        </td>
      </tr>
      <tr>
        <td style="width: 50%; text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            June 21, 2017
          </p>
        </td>
        <td style="width: 7%; text-align: left; padding-bottom: 2.0px; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            &#160;
          </p>
        </td>
        <td style="width: 43%; text-align: left; padding-left: 15.0px; border-bottom-width: 1.0pt; border-bottom-color: black; border-bottom-style: solid" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            /s/ Dean Thrasher
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 7%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Name:
          </p>
        </td>
        <td style="width: 43%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Dean Thrasher
          </p>
        </td>
      </tr>
      <tr>
        <td style="width: 50%">

        </td>
        <td style="width: 7%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Title:
          </p>
        </td>
        <td style="width: 43%; text-align: left; padding-left: 0.0px" valign="top">
          <p style="margin-bottom: 0px; margin-top: 0px">
            Chief Executive Officer
          </p>
        </td>
      </tr>
    </table>
    </div>
    <p style="text-align: center">
      <br>
      3
    </p>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>a51578669_ex991.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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    <p style="text-align: right">
      <b>Exhibit 99.1</b>
    </p>
    <p style="text-align: center">
      <font style="font-size: 12pt; font-family: Times New Roman"><b>SDI
      Announces Extension of Consulting Agreement</b></font>
    </p>
    <p>
      PERRY, Fla.--(BUSINESS WIRE)--June 16, 2017--Security Devices
      International Inc.:
    </p>
    <p style="text-align: center">
      <b>NOT FOR DISSEMINATION OR DISTRIBUTION IN THE UNITED STATES</b>
    </p>
    <p>
      Security Devices International Inc. (&#8220;SDI&#8221;) (TSX-V:SDZ) (OTCBB:SDEV)
      announces that it has agreed to extend the consulting agreement between
      SDI and Northeast Industrial Partners LLC (&#8220;Northeast&#8221;) first announced
      on June 20, 2016. On May 26, 2017, SDI announced that it had made the
      final payment under that agreement. SDI and Northeast have agreed to
      extend the consulting agreement that will automatically renew each
      quarter until either party gives notice of cancellation.
    </p>
    <p>
      For its services and subject to stock exchange approval, Northeast will
      be issued SDI common shares for its services on August 15, 2017 and
      quarterly thereafter while the consulting agreement is in effect.
      Payments will be prorated if the consulting agreement is terminated
      during any quarterly period. The common shares issued under the
      agreement will be priced at the higher of (i)&#160;the minimum price
      permitted by the TSX Venture Exchange, and (ii)&#160;the volume weighted
      average trading price per common share over the 20 day period preceding
      the due date.
    </p>
    <p>
      Bryan Ganz is the President, and a director, of SDI. Northeast is a
      related party of SDI under Multilateral Instrument 61-101 (&#8220;MI 61-101&#8221;).
      SDI is exempt from the formal valuation requirement and shareholder
      approval requirement of MI 61-101.
    </p>
    <p>
      The Company furthermore announces the issuance of 150,000 options under
      the SDI option plan to specified management. These options have an
      expiry date of June 15, 2022 with an exercise price of $0.20.
    </p>
    <p>
      FORWARD-LOOKING STATEMENTS
    </p>
    <p>
      Certain statements in this news release constitute forward-looking
      statements. These statements relate to future events or SDI&#8217;s future
      performance and include the expansion of SDI&#8217;s product offering. All
      such statements involve substantial known and unknown risks,
      uncertainties and other factors which may cause the actual results to
      vary from those expressed or implied by such forward-looking statements.
      Forward-looking statements involve significant risks and uncertainties,
      they should not be read as guarantees of future performance or results,
      and they will not necessarily be accurate indications of whether or not
      such results will be achieved. Although the forward-looking statements
      contained in this news release are based upon what management of SDI
      believes are reasonable assumptions on the date of this news release,
      SDI cannot assure investors that actual results will be consistent with
      these forward-looking statements. The forward-looking statements
      contained in this press release are made as of the date hereof and SDI
      disclaims any intention or obligation to update or revise any
      forward-looking statements whether as a result of new information,
      future events or otherwise, except as required under applicable
      securities regulations.
    </p>
    <p>
      <b>About Security Devices International Inc.</b>
    </p>
    <p>
      SDI is a technology company specializing in the areas of Military, Law
      Enforcement, Corrections, and Private Security. The Company develops and
      manufactures innovative, less lethal equipment and munitions that are
      safe, effective, and reliable.
    </p>
    <p>
      NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS
      THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE)
      ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
    </p>
    <p>

    </p>
    <p>
      CONTACT:<br>Security Devices International Inc.<br>Dean Thrasher, CEO<br><u>dthrasher@securitydii.com</u><br><u>www.securitydii.com</u>
    </p>
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